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Plant Based Snacks Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com

The new report by Expert Market Research titled, ‘Global Plant Based Snacks Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global plant based snacks market, assessing the market based on its segments like nature, flavour, product type, packaging type, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/plant-based-snacks-market

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

The key highlights of the report include:

Market Overview (2015-2025)

• Forecast CAGR (2020-2025): 8.7%
• Forecast Market Size (2025): USD 57 billion

The growing popularity of vegan diet in developed regions, such as North America and Europe, due to animal rights activists, is expected to continue to drive the demand for plant based snacks in these regions. The developing countries in the Asia Pacific are also seeing a rise in the consumption of plant based snacks due to the rising health consciousness and increasing inclination towards low-calorie, vitamin-rich foods.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/plant-based-snacks-market

The market for these snacks is also heavily dependent on the growing awareness regarding the health benefits of plant based products and vegetarian diets. This is expected to spread rapidly during the forecast period.

Industry Definition and Major Segments

Plant based snacks are wholly derived from plant products and are considered a healthy and animal-friendly alternative to regular snacks. They are considered low-calorie foods and are often marketed based on nutrient content. They are typically adopted by those following vegan or vegetarian diets for health, moral, religious, or other reasons.

By nature, the market is bifurcated into:

• Organic
• Conventional

On the basis of flavour, the industry is divided into:

• Savoury
• Sweet

Based on product type, the industry is divided into:

• Meat Alternative Snacks
• Grain-Based Snacks
• Fruit and Nut Snacks
• Plant-Based Snack Bars
• Others

By packaging type, the industry is categorised into:

• Pouches
• Wrappers
• Bags
• Tins
• Others

By distribution channel, the industry is divided into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others

The major regions of the industry are:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

The market is seeing an increase in demand due to the rising concerns regarding various lifestyle related diseases, such as diabetes and obesity-linked cardiovascular diseases. Such customers are turning to plant based snacks as a healthier alternative due to its low-fat properties. In developed regions, the consumption of plant based snacks is heavily dependent on disposable incomes and the economic condition due to its status as a luxury good, being more expensive than regular snacks.

Key Market Players

The major players in the market are Maple Leaf Foods Inc. (TSE: MFI), General Mills Inc. (NYSE: GIS), Unilever Plc, Primal Spirit Foods, Inc., Wyandot, Inc., Brad’s Plant Based, LLC, and SunOpta Grains and Foods, Inc. (NASDAQ: STKL), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Sheep Meat Market: https://www.expertmarketresearch.com/reports/sheep-meat-market

Vegan Egg Substitute Market: https://www.expertmarketresearch.com/reports/vegan-egg-substitute-market

Microwavable Foods Market: https://www.expertmarketresearch.com/reports/microwavable-foods-market

Puffed Food Market: https://www.expertmarketresearch.com/reports/puffed-food-market

Anti-Caking Agents Market: https://www.expertmarketresearch.com/reports/anti-caking-agents-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Contact Information:

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